AAR grants CEO John Holmes 161,500 performance-based restricted shares tied to stock price hurdles

AAR granted CEO John M. Holmes 161,500 performance-based restricted shares under its 2013 Stock Plan on July 23, 2026.

The award was sized to a targeted grant-date fair value of about $15 million and has a cliff vesting date of July 31, 2031, conditional on meeting stock-price hurdles by that date.

One-third of the award vests at a 30-day VWAP of $175, another third at $200, and the final third at $250. The hurdles imply premiums of 35%, 54%, and 93% to the $129.47 closing price on the grant date.